Finotive Funding is innovative prop trading company with its competitive trading conditions, innovative technology, and trader-centric approach. Offering weekly withdrawals, a comprehensive salary program, in-house developed technology, and a user-friendly dashboard.
With a variety of account types, high profit shares, and flexible trading rules, Finotive Funding addresses common challenges faced by traders, providing a supportive and dynamic trading environment.
About Finotive Funding
Legal Company Name
FINOTIVE FUNDING KFT.
Address Details
Honvéd utca 8. 1st floor, 1054 Budapest, Hungary.
Founding Year
April 2021
Registration Location
Hungary
Executive Team
CEO: Oliver Newland
Trading Platforms
Finotive Funding collaborates with Finotive Markets to offer the award-winning MetaTrader 5 platform. This platform provides traders with razor-thin spreads, a diverse pool of liquidity providers, and lightning-fast execution. It is designed to meet the needs of both novice and experienced traders, ensuring optimal trading conditions.
Instruments Available at Finotive Funding
Finotive Funding offers a wide range of trading instruments, including:
- Forex
- Metals
- Indices
- Energies
- Crypto
These instruments enable traders to diversify their portfolios and capitalize on various market opportunities.
How to Make Payments at Finotive Funding Prop Firm
Finotive Funding provides convenient payment methods, including:
- Card payments via TrustPayments
- Crypto payments via XMoney
This flexibility ensures that traders can easily fund their accounts and start trading without unnecessary delays.
Account Sizes
Finotive Funding offers different account sizes to cater to various trading needs and levels of experience:
- Challenge: $2.5K - $200K
- Finotive Pro: $50K - $200K
- Instant Funding: $2.5K - $100K
This range allows traders to choose an account size that best fits their trading strategy and financial goals.
Profit Splits in Finotive Funding Prop Firm
Finotive Funding provides attractive profit splits, rewarding traders for their success:
- Challenge: 75%
- Finotive Pro: 75% to 100%
- Instant Funding: 55% / 60%
High profit shares ensure that traders retain the majority of their earnings.
Profit Targets for Finotive Funding Prop Firm
- Challenge & Finotive Pro:
- 1-step: 10%
- 2-step: 7.5% (Stage 1) and 5% (Stage 2)
- Instant Funding: No profit target
Realistic profit targets make it easier for traders to achieve their goals and progress through the evaluation process.
Maximum Daily Drawdown and Loss at Finotive Funding Prop Firm
- Challenge & Finotive Pro:
- Daily Drawdown: 4.0%
- Maximum Drawdown: 7.5%
- 2-step: Daily Drawdown 5%, Max Drawdown 10%
- Instant Funding:
- Daily Drawdown: 5.0% / 10.0%
- Maximum Drawdown: 8.0% / 16.0%
These drawdown limits help traders manage risk and maintain discipline in their trading activities.
Minimum/Maximum Trading Days Required at Finotive Funding Prop Firm
- Challenge & Finotive Pro: No minimum trading days required.
- Instant Funding: No minimum trading days required.
This flexibility allows traders to progress at their own pace without unnecessary time constraints.
Steps Available Across Challenges
Challenge Account
The Challenge account is designed to test traders' skills and allow them to keep the maximum of their profits for a minimal cost. The evaluation process involves one or two steps, depending on the chosen plan:
- 1-Step Challenge:
- Profit Target: 10%
- Daily Drawdown: 4%
- Maximum Drawdown: 7.5%
- Leverage: up to 400:1
- 2-Step Challenge:
- Stage 1 Profit Target: 7.5%
- Stage 2 Profit Target: 5%
- Daily Drawdown: 5%
- Maximum Drawdown: 10%
- Leverage: up to 400:1
Benefits:
- Scaling Plan
- Weekly Payouts
- First Payout on Demand
- EAs / News / Copy Trading allowed
- Account Refresh
- Refundable Fee
- Monthly Salary
Finotive Pro Account
The Finotive Pro account offers a classic challenge with additional benefits, including a monthly salary for consistent performance. The evaluation process also includes one or two steps:
- 1-Step Pro Challenge:
- Profit Target: 10%
- Daily Drawdown: 4%
- Maximum Drawdown: 7.5%
- Leverage: 400:1
- 2-Step Pro Challenge:
- Stage 1 Profit Target: 7.5%
- Stage 2 Profit Target: 5%
- Daily Drawdown: 5%
- Maximum Drawdown: 10%
- Leverage: 400:1
Benefits:
- Scaling Plan
- Weekly Payouts
- First Payout on Demand
- EAs / News / Copy Trading allowed
- Account Refresh
- Refundable Fee
- Monthly Salary
Instant Funding Account
The Instant Funding account provides immediate access to funded capital without the need for a challenge or evaluation. It is available in an aggressive variant with specific rules:
- Instant Funding Rules:
- Profit Target: None
- Daily Drawdown: 5.0% / 10.0%
- Maximum Drawdown: 8.0% / 16.0%
- Leverage: 100:1
Benefits:
- Scaling Plan
- Weekly Payouts
- First Payout on Demand
- EAs / News / Copy Trading allowed
- No Account Refresh
- No Refundable Fee
- No Monthly Salary
Pricing for Finotive Funding Prop Firm Challenge
Finotive Funding offers competitive pricing for its challenges:
- Challenge: Starts at $50
- Finotive Pro: Starts at $550
- Instant Funding: Starts at $115
Affordable pricing ensures that traders can participate in the program without a significant financial burden.
Commissions and Fees at Finotive Funding Prop Firm
Finotive Funding maintains low commissions to maximize traders' profitability:
- Challenge & Instant Funding: $4 per round lot for all asset classes (FX, Metals, Indices, and Energies)
- Finotive Pro: $3 per round lot
Competitive commission rates help traders retain more of their profits.
Finotive Funding Prop Firm: Refund Policies
Finotive Funding offers refundable fees for both Challenge and Finotive Pro accounts, ensuring that traders have minimal financial risk when participating in the program.
Trial Offers at Finotive Funding Prop Firm
Finotive Funding provides a free trial, allowing traders to experience the platform and trading conditions before committing to a funded account.
Payout Schedules of Finotive Funding Prop Firm
All withdrawals from Finotive Pay are processed every Friday, ensuring reliable and timely payouts for traders. Finotive Pay offers various withdrawal methods, including direct bank transfer and direct crypto payouts, providing flexibility and convenience.
Trustpilot Community Feedback
Positive Reviews
- Quick and effective support team.
- Fast and reliable payout process.
- User-friendly dashboard and platform.
- Excellent trading conditions with tight spreads and fast execution.
- Clear and straightforward trading rules.
Negative Reviews
- Issues with unclear or restrictive rules.
- Accusations of collusion and high-risk behavior.
- Problems with account management and payouts.
- Inconsistent enforcement of rules leading to customer dissatisfaction.
- Concerns about the company's ethics and fairness.
FAQ Section
Can I hold trades over the weekend?
Yes! Traders are welcome to hold positions over the weekend or engage in 24/7 crypto trading!
Is news trading allowed?
Yes, news trading is allowed, however, we do not accept news straddling.
Is automated trading allowed?
Yes, automated trading is allowed, however, we do not allow HFT, arbitrage, or any other prohibited methods mentioned in clause 7.1(a) of our Terms and Conditions.
Are there any restrictions on trading?
All trading styles are welcome, however, please read section 7 of our Terms and Conditions to understand some restrictions in place.
What payment methods can I use for purchase?
We currently accept card payments via TrustPayments and crypto payments via XMoney.
What pay-out methods are available?
All pay-outs are paid via Finotive Pay, our partnered payroll platform. From Finotive Pay, you can withdraw via numerous different methods, including bank transfer, direct crypto, Revolut, and PayPal (available in Q3 2024).
What broker do you use?
We are partnered with Finotive Markets to provide all simulated trading and data feeds.
Am I trading ‘real’ money?
No. With Finotive Funding, all trading is simulated with virtual capital.
What is the maximum funding allocation?
The maximum funding allocation is $600K of Challenge capital, $600K of Pro capital, and $200K of Instant Funding capital, totaling $1.4M.